Edge Computing And The New Decentralization: The Rhyming Of IT History

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Responding to rapid changes

A digital core is an IT architecture that offers stability and long-term reliability for core enterprise processes, yet also provides the flexibility to adapt quickly to new opportunities, challenges, and regulations. This is the concept of “bimodal IT,” a stable and reliable IT architecture that handles end-to-end processes providing simulations and analytical capabilities, simplifies order commitments, empowers teams with individualized customer insight, supports business models, and connects to business networks. This solid foundation gives you a single source of truth, which in turns enables flexibility for innovation, such as new business models, new regulations, and business events such as mergers or acquisitions.

Simulation and analytics

The ability to respond quickly is an essential part of managing a high-tech company. To do this, simulation, prediction, and analytical capabilities are an important component. Data is critical for insight to make decisions. This insight must be at a granular level, so that decision-makers have the detail they need to understand trends, opportunities, and risks, and quickly carry out what-if analysis using predictive algorithms.

Keeping data under control

Many companies have challenges in effectively leveraging all the data they collect. They need the computing capability to carry out complex algorithms with large data sets to support timely, real-time analysis. Everyone in the company must have access to data they need, whenever and wherever they need it. This also extends to the ecosystem to enable suppliers to stay up-to-date with a company’s orders, and to allow salespeople to see customer history for credit risk and stock information, and provide accurate delivery schedules.

With this sort of data and analysis, companies can then reevaluate the services or products that are provided to customers. And they can simulate the impact of providing bundles and services, which can also enhance the customer experience.

For more insight on how advanced technology is transforming business strategy, see IoT Today: Be A Disruptor Or Be Disrupted—Look At Your Business A Whole New Way.

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